Momentum Builders Commercial Capital Group, Atlanta, United States

About Momentum Builders Commercial Capital Group United States

• Builders Commercial Capital Group (BCCG) is a private commercial mortgage investment firm. We manage a privately funded, short-term, construction loan program that provides financing for residential/multifamily development and construction projects..

  Our program provides capital for builders to buy finished, buildable, and shovel-ready lots in subdivisions to build spec inventory of single family homes that can be sold at a profit to pay off our investment, and to satisfy the builder’s profit goals.

  This funding program combines a “conventional lending” with a “silent partner” structure. This is what allows us to focus more on the upside potential of the project itself, and not rely too heavily on the borrower’s financial strength. This program deviates from stringent credit, collateral, and personal guarantee that is usually required for residential/commercial borrowing in favor of a “premium” rate of return when the newly renovated/built property is sold. We do not charge upfront fees and the only out-of-pocket expenses to you would be what is typical for a builder’s due diligence.

  In the process of structuring the financing, we will review, order, or obtain a title report, site/lot inspection report (or soil test), construction estimate, construction drawings with draw schedule, and a certified real estate appraisal that sets forth either the “subject to”, or the “after repair” value of the newly renovated/built home.

  If and when supported by the appraisal, the loan proceeds can cover the purchase of the site, the development of the site, and the vertical construction of the home. We often look to include all closing costs, loan fees, points, into the loan proceeds.

  We’d like an opportunity to provide a financing proposal for any project on the drawing board for your review. If the proposed terms are acceptable to you, then we will be glad to onboard the project into our underwriting schedule for funding and closing within 30 days after the appraisal and the completion of our due diligence.

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